The earlier-than-expected decision from the SEC could suggest a 2022 approval for a pure Bitcoin fund may not be in the cards either.
The agency has not set a reentry date for in-person appointments, although some executives have returned to their offices as of December.
Why not invest in some Château Lafite Rothschild? You can let the value appreciate over time, or if worse comes to worst, you can drink it.
Against the current economic backdrop, it's hard to argue the traditional approach of stocks, bonds and cash is a reasonable investment mix to manage risk while still generating the necessary returns.
LPL, Wells Fargo and three Advisor Group firms avoided penalties for 'extraordinary cooperation' with Finra's investigation.
Merchant Investment Management is a private partnership that invests in growth companies and other opportunities. According to its website, Merchant Investment Management this year has focused on investing in the wealth management industry.
The company failed to reveal conflicts of interest concerning marketing fees paid by clients for mutual funds, according to the regulator. The independent broker-dealer 1st Global Advisors was acquired by Blucora in 2019.
William A. Birdthistle is currently a professor at Chicago-Kent College of Law. The division oversees regulatory policy for investment advisers.
According to the order, Global failed to offset certain portfolio company fees against management fees charged to clients, as required under its offering and governing documents.
A Cerulli study shows that of the roughly 103,000 advisers who plan to retire by 2030, 26% are unsure of their succession plans.
At times advisers may have to rescue clients from problems they have created by going it alone.
Most retirees are likely forced to cut down costs due to insufficient savings, a new paper from the Center for Retirement Research found.
Roisman, who has been a commissioner since 2018, played a key role in Trump-era efforts by the SEC to rein in proxy advisory firms and to make it easier for companies to block submissions from newer stockholders.
This month’s #AdviserTech roundup includes Halo Investing’s $100 million funding round, Orion’s acquisition of BasisCode Compliance and Geowealth’s $19 million funding round.
The agency's Standard of Conduct Implementation Committee found content and format problems after reviewing a cross section of filings.
Gov. Jay Inslee says legislators need time to refine the program, the Washington Cares Fund.
Employees often communicated about business on their personal devices, using text messaging applications, such as WhatsApp. The compliance systems were not keeping up with technological advances, an expert said.
The regulator says the firm failed to review more than 100 accounts for junk-bond concentrations.
The case alleges fiduciary breaches based on the existence of cheaper investment options on the market than those used in the plan.
The Government Accountability Office's report analyzed 69 SEC reviews of Finra since fiscal 2018.
